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If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty which shall

Q: Answer-If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be...

Section 15HA of SEBI Act - Penalty for fraudulent and unfair trade practices.If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty which shall not be less than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is higher

A not be less than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is higher

B not be less than ten lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is higher

C not be less than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is lower

D not be less than ten lakh rupees but which may extend to twenty-five crore rupees or five times the amount of profits made out of such practices, whichever is higher

E not be less than five lakh rupees but which may extend to twenty-five crore rupees or five times the amount of profits made out of such practices, whichever is higher

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If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty which shall

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